Kingstowne Home Sales Market Update April 2019
The market in Kingstowne is strong and moving quickly. Homes are selling for top dollar and demand from home buyers remains strong.
April 2019 Kingstowne Home Sales
•Number of Sales: 51
•Highest Priced Sale: $820,000
•Lowest Priced Sale: $279,550
•Median Sales Price: $522,000
•Median Days on Market: 14
•Median Sale Price to List Price Ratio: 100%
Is It A Buyer’s Or A Seller’s Market?
No surprise that it remains a seller’s market but, there is good news for buyers. Inventory has increased – while it might be a small increase it’s still good news. There are currently 49 homes for sale in 22315. The homes range from $285,000 up to $1,099,000.
Inventory in Kingstowne
When supply doesn’t keep up with demand the market moves quickly and that’s exactly what continues to happen in Kingstowne. The location of Kingstowne and amenities make it very appealing to buyers and they continue to seek homes in 22315 and the surrounding area.
Homeowners who are considering selling their Kingstowne home can rest easy that there are buyers actively looking to move. Because of that homes are selling for top dollar. However, in order to achieve top dollar when selling your Kingstowne home you have to properly prepare it for the market.
Buyers are looking for homes that are turnkey ready and have a reasonable amount of updates. There are very few buyers who are looking for homes that need work, especially when it involves the kitchen and bathrooms.
Allow yourself plenty of time to get your home ready for the market. Every last detail matters and you want to home to shine on picture day. Photos are what will draw homebuyers in online and then want to come for a tour in person. Gone are the days when the first showing occurs in person – the first showing is online!
Get a free home value estimate within minutes. Our home value tool is just a guide, and to be used solely to receive an immediate estimate. If you’d like to receive a free current market analysis customized for your home reach out to me and let’s connect! 703-431-3755 or email@example.com.
If Kingstowne and the surrounding area is your desired location be prepared for the current market conditions. Have a consultation with your agent prior to looking at homes to determine your must-haves vs. your would like to have. Understand your budget by getting fully pre-approved before heading out to tour homes.
The market is moving quickly and being prepared is your best asset. Not only will it save you stress and disappointment it will also put you in the best position possible to secure your future home.
When you find the one be ready to make a strong offer. Delaying even a day in the current market conditions can mean the property is already under contract. Multiple offers are still alive and well. Working with an agent who knows how to set your offer apart from the rest is important.
If you work with an experienced agent who understands the intricacies of the market you’ll find your home buying experience smooth and enjoyable. Have questions about buying? Contact me to learn more.
Additional Real Estate Resources